Bombay H.C : Whether, on the facts and in the circumstances of the case, the Tribunal was justified in holding that the value of the assessee’s right of occupation as a tenant should be treated as a part of the cost of the flat even though this right has merged in the bigger estate at the time of the purchase of the remaining rights over the flat for the purpose of computing the surplus liable to capital gains tax?
High Court Of Bombay CIT vs. Dr. D.A. Irani Section 2(42A) Asst. Year 1977-78 Dr. B.P. Saraf & A.Y. Sakhare, […]
